Crypto-currencies such as bitcoin should be regulated in the same way as all other electronic financial transactions, said Michael Pompeo, the US secretary of state.

Allowing a large tech company to create a privately controlled alternative global currency is concerning, said Democratic Congresswoman Maxine Waters, who chairs the US House Committee on Financial Services.

The Financial Stability Oversight Council (FSOC) should look into whether there is a case for regulatory oversight of firms providing cloud services to financial firms, wrote Katie Porter and Nydia Velázquez, both Democrats in the House of Representatives.

The US Securities and Exchange Commission (SEC) proposes that firms registering for the sale of securities be able to more flexibly tailor disclosures to reflect their unique circumstances.

Australian regulators are seeking comment on guidance for dealing with individuals who call out wrongdoing in the stock market listed firms they work for and to ensure they are heard and protected.

The People’s Bank of China (PBoC) has laid out a three-year plan to increase the use of technology in the financial sector to improve customer satisfaction, trust and to ensure such services are secure.

The greater concentration of central counterparty clearing houses (CCPs) and futures commission merchants (FCMs) poses a potential systemic risk, said Dan Berkovitz, a commissioner at the US Commodity Futures Trading Commission (CFTC). 

Citigroup held $28bn in client cleared swaps margins in the second quarter of 2019 representing 27% of the margins posted in the US swaps market.

Eurozone banks will get another three years to accumulate cash to deal with unsecured non-performing loans, nine years if backed by real estate and seven years for loans supported by other types of collateral, the European Central Bank (ECB) said.